Listing Courtesy of: Kim Taylor-Smith - Crye-Leike Realtors South, Inc.
865-938-7750
$1,150,000
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699 Indian River Boat Dock Rd Jacksboro, TN 37757
Other
Residence
9
Beds
5
Baths
...
Bed/Bath
6,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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Are you ready to elevate your Norris Lake investment portfolio? Look no further than this remarkable 6000 sq ft, 3 unit STR property; 4/3, 2/1 and 3/1. It is situated just steps away from beautiful Norris Lake, located across the street from a popular marina. This property isn't just a home—it's a l...ucrative business venture. Meticulously furnished, with newer a/c units and water heaters, and maintenance free metal roof. Boasting an impressive projected annual income with no off-season. Through short-term rentals, it's a haven for investors seeking substantial returns. With a saltwater pool and a hot tub, water and ATV enthusiasts will be enticed. Moreover, its unbeatable location, only 7 miles to the interstate positions it as the prime choice for vacationers. Best of all, escape the confines of HOAs and rental restrictions as this house is has none, optimizing your investment without compromise. Capture this exclusive chance to own nightly short-term rental to the lake and ATV trails and secure your path to unparalleled financial success. Buyer to verify all information. DSCR Loan has been approved. Ask list Agent for more details. Listing agent has rental bookings also. This property is a solid investment opportunity with a proven track record of strong short-term-rental income. Utilizing a Debt Service Coverage Ratio (DSCR) loan, potential buyers can leverage the income generated over the past 12 months to effectively underwrite the loan. This ensures the investors can proceed with confidence, fully informed by property's historical financial performance. This approach allows for strategic financial decision, making this property an attractive option for those looking to invest in a reliable income source.
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MLS#
1263760
Property Type
Other
Bedrooms
9
Bathrooms
4 Full/1 Half
Year Built
2004
Square Feet
6,000
sq. ft
Lot Size
0.75
Sewer
Holding Tank
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